Overview
Medical aesthetics is a branch of medicine that deals with the patient’s look, well-being, external appearance, apparent skin changes, and image. Medical aesthetics is a term that refers to high-tech skin care operations that combine beauty and health care. These procedures make use of sophisticated technology to improve a person’s appearance. Anti-aging treatments and procedures are in high demand, owing to a growing desire among patients to seem youthful and enhance their looks, particularly among those aged 50 and over.
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Drivers
The expansion of the global medical aesthetics market is being driven by an increase in surgical treatments for improving personal appearance. According to the International Society of Aesthetic Plastic Surgery (ISAPS), women underwent over 18 million non-surgical and surgical treatments in 2015, accounting for about 85.6 percent of all aesthetic operations performed globally.
Aesthetic treatments are becoming more popular among male patients, owing to improved outcomes and less downtime and pain. Botulinum Toxin remains the most prevalent operation for both men and women, according to another ISAPS study. Botulinum Toxin treatments are performed on both sexes in excess of 4.6 million times.
Moreover, the global medical aesthetics market is anticipated to expand due to growing demand for minimally invasive and non-invasive treatments, excess supply for restorative and enhancement operations, and increased use of laser-based devices throughout the projection period. In 2016, the number of people who had liposuction surgery grew by 5% over the previous year. Dermatologists have recently recommended minimally invasive operations more frequently owing to their increased efficacy, fewer post-surgery side effects and problems, and faster recovery times, which has fueled the medical aesthetics market’s development.
Due to growing demand for facial skin procedures and non-invasive cosmetic procedures, the facial aesthetics category accounted for the majority of revenue in 2017. Another factor influencing market growth is the growing elderly population, which requires these treatments, as well as new product releases. The medical spas and clinics segment is expected to grow the most over the forecast period, attributed to an increase in the number of medical spas and clinics, as well as an increase in the number of trained individuals executing aesthetic procedures, as well as a burgeoning preference for minimally invasive and non-invasive aesthetic procedures.
Restraints
The societal stigma associated with aesthetic treatments, as well as the strict safety standards that govern these operations, is expected to have a detrimental influence on the global medical aesthetics market’s growth.
Regional Analysis
Due to an increase in aesthetic treatments in the area, the North American medical aesthetics market is projected to retain a dominating position. The number of medical aesthetics operations performed in the U.S. has grown considerably, as per the American Society for Aesthetic Plastic Surgery. In 2016, Americans spent over $15 billion on non-surgical and surgical treatments, with non-surgical procedures accounting for 44% of all operations.
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Due to expanding medical tourism, a growing middle class with high financial means, and more awareness of one’s aesthetic image, Latin America and Asia Pacific are projected to be attractive markets for medical aesthetic goods. In 2016, India granted more than 0.17 million medical visas, including those for follow-up procedures, compared to 0.12 million in 2015.
Competitive Landscape
Key companies contributing in the global medical aesthetics market are Lumenis Ltd., PhotoMedex, Inc., Alma Lasers, Ltd., Allergan, Inc., Cynosure, Inc., Solta Medical, Inc., Syneron Medical, Ltd., Mentor Worldwide LLC, Galderma S.A., and ZELTIQ Aesthetics, Inc.
With numerous local firms vying against foreign ones, the global medical aesthetics market is fragmented and extremely competitive.
Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Medical Aesthetics Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Medical Aesthetics Industry Impact
Chapter 2 Global Medical Aesthetics Competition by Types, Applications, and Top Regions and Countries
2.1 Global Medical Aesthetics (Volume and Value) by Type
2.3 Global Medical Aesthetics (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Medical Aesthetics Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Medical Aesthetics Market Analysis
Chapter 6 East Asia Medical Aesthetics Market Analysis
Chapter 7 Europe Medical Aesthetics Market Analysis
Chapter 8 South Asia Medical Aesthetics Market Analysis
Chapter 9 Southeast Asia Medical Aesthetics Market Analysis
Chapter 10 Middle East Medical Aesthetics Market Analysis
Chapter 11 Africa Medical Aesthetics Market Analysis
Chapter 12 Oceania Medical Aesthetics Market Analysis
Chapter 13 South America Medical Aesthetics Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Aesthetics Business
Chapter 15 Global Medical Aesthetics Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….
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